Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Business

Fri, Jan 16, 2026 03:02 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

S. Korea negotiating with Spain on putting up travel bubble

Jun 17, 2021 18:35 pm UTC| Economy Business

S. Korea considers opening travel bubble with Spain South Korea may set up a travel bubble with Spain if an agreement for quarantine-free travel between the two nations is reached, says Culture Minister Hwang...

E & J Gallo to build $423 million production, distribution facility in South Carolina

Jun 17, 2021 17:07 pm UTC| Economy Business

E J Gallo Winery will invest $423 million in building a new production, bottling, and canning facility and distribution center in Chester County, South Carolina that could create 496 jobs over the next eight years. The...

UK gets green light to export poultry meat to Japan

Jun 17, 2021 15:45 pm UTC| Economy Business

The UK has secured market access to Japan for poultry meat, in a deal estimated to be worth up to $18.3 million per year. UK food minister Victoria Prentis said that the country had been working hard to open new markets...

EU to extend 25% safeguard tariff on S. Korean steel for 3 years

Jun 17, 2021 13:48 pm UTC| Economy Business

The EU notified the World Trade Organization (WTO) that it would extend its 25 percent duty against South Koreas steel products for another three years. The tariff, imposed since July 2018, had been originally planned...

Walgreens, Uber Eats join forces as demand for delivery surges in the US

Jun 17, 2021 10:40 am UTC| Business Economy

Walgreens and Uber Eats have joined hands to accommodate all the delivery needs of both companies. As the demand for delivery in the US has grown in recent months and people are staying at home and now prefer to buy their...

McDonald’s UK reveals new menu additions plus the return of a popular snack

Jun 17, 2021 10:02 am UTC| Business Economy

McDonalds UK is offering something new to its customers, and they would surely love the latest additions. A menu item is also making a comeback, so there are more reasons to visit any branch of the fast-food chain...

Air Canada: US wants the carrier to get $25.5 million fine over sluggish refunds

Jun 17, 2021 09:46 am UTC| Business Economy

Air Canada is in hot water after it was reported that more than 6,000 passengers have aired their complaints concerning their experience with the airline since March 2020. And because of this, it was said that the U.S....

2611 2612 2613 2614 2615 2616 2617 2618 2619 2620

Economy

Retail Investors Crowd Into Silver as Prices Surge to Record Highs

Individual investors are buying silver at an unprecedented pace, turning the metal into one of the most crowded commodity trades in global markets, according to a new report from Vanda Research. Over the past 30 days...

Asian Markets Rise as AI Rally Reignites, Dollar Stays Firm on Strong U.S. Data

Asian stock markets advanced on Friday as renewed optimism around artificial intelligence stocks lifted investor sentiment, while the U.S. dollar remained near a six-week high after strong American economic data reduced...

U.S.–Taiwan Trade Deal Spurs $500 Billion Semiconductor Investment in America

A new U.S. trade deal with Taiwan is set to significantly reshape the global semiconductor landscape, with massive investments aimed at strengthening chip manufacturing in the United States. According to Commerce Secretary...

Dollar Holds Firm as Strong U.S. Data Dims Fed Rate Cut Hopes

The U.S. dollar remained resilient on Friday, positioning itself for a third consecutive weekly gain as stronger-than-expected U.S. economic data reduced market expectations for near-term Federal Reserve rate cuts. The...

IMF Chief Signals New $8.1 Billion Ukraine Aid Program After Surprise Kyiv Visit

International Monetary Fund Managing Director Kristalina Georgieva made a surprise visit to Kyiv on Thursday, signaling continued global financial support for Ukraine as the war with Russia drags on. Speaking to Reuters,...

Politics

Former South Korean President Yoon Suk Yeol Faces Historic Court Ruling Over Failed Martial Law Attempt

Former South Korean President Yoon Suk Yeol is set to face his first court ruling on Friday in a landmark criminal case tied to his failed attempt to impose martial law, a political crisis that stunned the nation and drew...

Schumer Urges Trump to Halt ICE Raids, Citing Fear in U.S. Cities

U.S. Senate Democratic Leader Chuck Schumer sharply criticized Immigration and Customs Enforcement operations during a meeting with President Donald Trump on Thursday, warning that ongoing ICE raids in major U.S. cities...

Trump Pushes Gaza Demilitarization Deal With Backing From Egypt, Turkey, and Qatar

U.S. President Donald Trump said on Thursday that Egypt, Turkey, and Qatar are backing his push for a comprehensive demilitarization agreement with Hamas, as Washington moves forward with the next phase of its plan to end...

Trump Backs Palestinian Technocratic Government to Lead Gaza Transition

U.S. President Donald Trump announced on Thursday that he is supporting the establishment of a newly appointed Palestinian Technocratic Government to oversee the administration of Gaza during a transitional period, a...

US Imposes 25% Tariff on High-End Semiconductors as Phase One Move

The United States government has announced a 25% national security tariff on certain high-end semiconductors, marking what officials describe as a phase one step in a broader strategy to protect and strengthen the domestic...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Federal Judge Clears Way for Jury Trial in Elon Musk’s Fraud Lawsuit Against OpenAI and Microsoft

A federal judge in Oakland, California, has rejected renewed attempts by OpenAI and Microsoft to dismiss a high-profile lawsuit filed by Elon Musk, allowing the case to proceed to a jury trial starting April 27. The ruling...

Publishers Seek to Join Lawsuit Against Google Over Alleged AI Copyright Infringement

Major publishing companies Hachette Book Group and Cengage Group have formally asked a California federal court for permission to intervene in a proposed class action lawsuit against Google, intensifying the ongoing legal...

China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO

Chinas artificial intelligence capabilities are rapidly catching up to those of the United States and other Western nations, according to Demis Hassabis, CEO of Google DeepMind. Speaking on a CNBC podcast, Hassabis said...

xAI Restricts Grok Image Editing After Sexualized AI Images Trigger Global Scrutiny

Elon Musks artificial intelligence company xAI announced new restrictions on its Grok AI chatbot after the platform generated sexualized and manipulated images that raised alarms among regulators worldwide. The move comes...

TSMC Set to Post Record Q4 Profit as AI Chip Demand Accelerates

Taiwan Semiconductor Manufacturing Co (TSMC), the worlds largest contract chipmaker and a critical supplier to Nvidia and Apple, is expected to deliver a record-breaking fourth-quarter profit, driven by surging global...